Map of Berks County, Pennsylvania, United States with township and municipal boundaries (Photo credit: Wikipedia)
After approving a $1.5 million budget without a tax increase, Boyertown Borough Council endorsed a 9.35 percent water rate hike Wednesday in hopes that it will offset a $100,000 decline in commercial and industrial water revenues.
The 6-0 budget vote maintains the current property tax rate of 5.14 mills, leaving the annual tax bill for a property assessed at $100,000 at $514.
By raising water rates, the borough council hopes to generate an additional $150,000 in revenue, with the extra $50,000 acting as a cushion against rising expenses and preventing more rate hikes in the near future.
Council hopes to have the new rates take effect in the first quarter of 2013 and will vote in February to authorize them if the water authority approves them next month.
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